Bucharest Stock Exchange (BVB)-listed Romanian telecommunications operator Digi Communications (DIGI) announced that, on October 27, 2021, its subsidiary Dixarobil won an auction for frequency bands and will begin providing services in Portugal. The company will pay a EUR 67.34 mln fee, according to Ziarul Financiar. "The decision will allow the Group to expand its activities in the Portuguese telecommunications market, to provide quality, accessible communications services based on the latest technologies," Digi said in a report. The Portuguese Telecommunications Authority (ANACOM) completed the tender to allocate frequencies in the bands of 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz. ANACOM declared Dixarobil the winner of the frequency use rights in the bands 900 MHz (2x5 MHz), 1800 MHz (2x5 MHz), 2.6 GHz (2x5 MHz FDD and 25 MHz TDD), 3.6 GHz ( 40MHz). The allocation of the use rights will be made by a final decision of the Board of Directors of ANACOM. Digi Communications is the largest cable operator in Romania, with activities in Hungary, Spain and Italy. Digi has a market capitalisation of almost RON 4 bln, and its shares rose by 14.4% YTD.
Romanian prime minister Marcel Ciolacu has resigned after the first round of the presidential elections, which saw the ruling coalition's candidate rank third and failing to qualify for the second round. The outcome is seen as a vote against the established political parties which make up the current governing coalition. George...
All stock indices of the Bucharest Stock Exchange are down on Monday, May 5, a day after the first round of the presidential elections in which ultranationalist candidate George Simion won first place with over 40% of votes. The benchmark BET index was down 2.52% at the time of writing. The composite BET-XT and the […]
The “Rezistența” community in Romania announced the organization of a pro-European march in the capital on Friday, May 9, after sovereignist candidate George Simion came in first place during the first round of the presidential elections in Romania. The march will take place between University Square and Victory Square, from 18:00 to 23:00. “Romania is […]
Queen Marie at Brukenthal, an exhibition focusing on Queen Marie of Romania, will open at the Brukenthal National Museum in Sibiu on May 9. The exhibition, initially presented at Art Safari in Bucharest, gathers works painted by the queen, pieces of furniture she designed, personal items, an extensive collection of photographs of her and other […]
Unfinished Democracy, an event gathering workshops, civic debates, and conversations exploring new ways to strengthen and reshape democracy in an ever-changing world, takes place in Bucharest on May 11. Throughout the day, the organizers plan to tackle questions about rebuilding trust in institutions (and beyond), the kind of economy people want — protectionist or open […]
Far-right European leaders Marine Le Pen and Matteo Salvini publicly congratulated Romania’s ultranationalist presidential candidate George Simion for placing first in the first round of the presidential elections held on Sunday, May 4. French opposition leader Marine Le Pen argued that the vote represented a defeat for European Commission president Ursula von der Leyen, often […]
